Sarasota warehouse space goes for $595,000

Runcton Properties LLC, a Bradenton company managed by Steven D. Pimlott, bought 10,266-square-feet of industrial warehouse space at 7359 International Place in Sarasota out of foreclosure from Iberia Bank for $595,000, or $58 per square foot.

Iberia Bank facilitated the sale by providing Pimlott’s company with a $476,000 loan.

The building, which is located in the Ironwood Business Park, was formerly owned by CPSZ Management LLC, a Bradenton company managed by Tony J. Zanoni.

CPSZ bought it for $936,100 in May 2003 and lost a $1.9 million foreclosure judgment in April 2008.

Last modified: February 14, 2014
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